Flipspaces, a Mumbai-based commercial interior design startup, raises Rs 50 crore in funding from the Asiana Fund, led by Jalaj Dani, along with participation from other investors.
The funding will help Flipspaces expand its presence in India, the US, and the UAE, invest in technology, and explore acquisition opportunities.
Flipspaces, founded in 2015, offers interior design services using technology tools like space-visualization tools and project management platforms.
The company plans to enhance its design tools, digital project monitoring capabilities, and consider strategic acquisitions to expand its solutions stack.